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ICBC Credit Suisse Asset Management Wins the Fixed Gains Gold Bull Enterprise Award
 

In recent Gold Bull Award of Chinese Fund Industry, ICBC Credit Suisse Asset Management once again won the Fixed Gains Investment Gold Bull Fund Enterprise Award.. In addition, ICBC Credit Suisse Tianyi Bond Fund, ICBC Credit Suisse Shuangli Bond Fund and ICBC Credit Suisse Xincaifu Hybrid Fund under ICBC Credit Suisse Asset Management were awarded as the Five-year Gold Bull Bond Fund, 2016 Gold Bull Bond Fund and 2016 Gold Bull Hybrid Fund respectively. It was the third time ICBC Credit Suisse Asset Management won the fixed gains Gold Bull Enterprise award in the past four years, and the fourth time ICBC Credit Suisse Tianyi Bond Fund and ICBC Credit Suisse Shuangli Bond Fund are awarded the Gold Bull Bond Fund.

The Gold Bull Award of Chinese Fund Industry is one of the four awards in China recognized by the Asset Management Association of China and known as Oscars in fund industry. According to the evaluation criteria of the Gold Bull Award, the selection of “Fixed Gains Investment Gold Bull Fund Enterprise Award” highlights fund enterprises’ ability of fixed gains investment management and encourages fund enterprises develop expertise in the field of fixed gains investment. Through comprehensive evaluation on fund enterprises’ fund management ability and scaled management ability concerning corporate bonds and monetary funds, it aims to select the leading fund enterprises in the industry in terms of comprehensive ability of fixed gains. In 2016, based on investment research strength, ICBC Credit Suisse Asset Management’s several fixed gains products achieved outstanding short and medium-term performance. Five funds were listed top 10 of 2016. The accumulated gains of 10 products in the past three years exceeded 40%, and the annualized rate of return of 15 funds in the past three years exceeded 10%, which provided continual returns for investors.

Data from the third-party show that as of the end of 2016, fixed gains fund of ICBC Credit Suisse Asset Management in the past five years had an average rate of return of 60.67%, ranking the third place among top ten fund enterprises by size. The size of its public fixed gains funds reached RMB 397,908 million, ranking the second in the industry, with its bond fund ranking the first by size.


(2017-06-14)
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